1/68615 GRANVILLE STREET, Vancouver
8615 GRANVILLE STREET, Vancouver, BC V6P5A2
$12M total
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Asset Class
Retail
Size
—
Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
83%
Year Built
1995
Lot Size
0.3573691460055096 ac
About this property
High-exposure corner retail plaza at Granville Street & 70th Ave, opposite to new Safeway seeing thousands of vehicles passing every day. Fantastic opportunity to grow your business at the 3,700 SF corner space! Currently leased by multiple tenants. Hold it for now with future redevelopment potential of 12-storey mixed-use development with density up to 4.4 FSR. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$55K
Projected NOI
$674K
Annual cash flow
$9K
Cash-on-cash
0.25%
DSCR
1.01
Going-in cap
5.62%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
93,333
Households
43,549
Median income
$87,500
Median age
42.9
Daytime population
85,024
5-yr growth
2.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 8615 GRANVILLE STREET, Vancouver.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.